Word: airwest
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Dates: during 1970-1979
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...Latin word meaning highest. The billion-aire-in-hiding, who is reportedly living in Managua, Nicaragua, was expectably silent on his reasons for the sale. Hughes' ex-Financial Adviser Noah Dietrich speculated that "he needs cash" to shore up his Nevada gambling interests and the Hughes Airwest airlines, both hard hit in the recession. Hughes may also need a reserve against the pressure of several pending lawsuits, especially a $145 million antitrust judgment awarded against him in favor of TWA, now on appeal to the Supreme Court. In addition, Hughes is involved in multimillion-dollar damage suits brought...
...Richard Charles LaPoint, 23, an ex-Army paratrooper, used a fake bomb to obtain $50,000 and two parachutes from Hughes Airwest. He jumped to safety 80 miles northeast of Denver, but was later captured...
...Invisible Man, but he did see a guard, who sent him to a man on the 19th floor, who sent him to a third man on the 20th floor, who gave him an address in Los Angeles, and five weeks later PONCHO received four round-trip tickets on Hughes Airwest between Seattle and Las Vegas ($664), plus $300 worth of rooms and entertainment at Hughes' hotel, the Sands. Moral: Even if you don't think you'll get there, push the button anyway...
...nation's nine regional airlines-for retaining their 30 smallest outposts climbed from $36 million in 1969 to $59 million last year. In all, the subsidies average $65 for each traveler flying out of the 30 towns. Under a complex formula, the Civil Aeronautics Board now pays Hughes Airwest $466 for each of the few passengers that it carries out of Payette and nearby Ontario, Ore. The airline's highest regular fare is $85 for a trip from Phoenix to Puerto Vallarta in Mexico. Air-west is owned by Howard Hughes, who hardly needs the subsidy money...
...Hughes Airwest, Allegheny, Frontier, Mohawk, North Central, Ozark, Piedmont, Southern and Texas International...